1.22 BTC Market Analysis
BTC daily line shows a small positive candle with a temporary halt in the downtrend. The 4-hour chart is in a consolidation phase, and MACD shows signs of a golden cross. After hitting a new low on the 1-hour chart, it rebounded sharply, with a significant volume increase. There is intense competition between bulls and bears, and further observation is needed to confirm the direction. After a sharp drop, wait for stabilization, then for a pullback, and wait for confirmation after the pullback. Only enter after confirmation for a more stable approach. Currently, there is a small range oscillation at a high level, with a 15-minute air support. Aggressive traders can enter long at the market price of 90039 with a small position, aiming for a short-term gain, taking profit at 91000, with a maximum target at 91500. On the downside, short-term long positions still revolve around the 88000--87300 range, betting on a low rebound.
Aggressive long positions in the 88000--87000 range, with a stop loss at 86500 and take profit at 89500--91500 (this has been done once and can be done again).
Conservative long positions in the 85500--84500 range, with a stop loss at 84000 and take profit at 88000--90000.
Aggressive short positions in the 91700--92500 range, with a stop loss at 93200 and take profit at 90300--89000.
Regular short positions in the 94500--95500 range, with a stop loss at 96000 and take profit at 93000--91000.